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Government policy of allowing 50-year loan is disastrous!

Government policy of allowing 50-year loan is disastrous!

It is another reckless decision just to prop up the property market and rents artificially. If the property bubble is to burst, let it burst. Better to take bitter medicine once and come back to senses, than to continue to have illusion of affordability with 50 year loans. The negative impacts on society caused by 50 year loan... 

Only 45% of workers in our hotel industry are locals?

Only 45% of workers in our hotel industry are locals?

Leong Sze Hian I refer to the article “NTUC to boost hotel staff wages” (Straits Times, Jul 25). It states that “(NTUC) unveiled a progressive wage framework that will lift the pay of about 3,000 workers – or one-fifth of the industry’s local workforce”. Does this mean that the local workforce in the hotel industry... 

Small cars got help; small bikes got no help?

Small cars got help; small bikes got no help?

But another dealer pointed out that since taxi companies will continue to have an impact on COE supply indirectly, it only means the pain has been transferred to big-car buyers. The Cat E premium currently tracks that of Cat B (for cars above 1,600 cc). "There will be fewer COEs for luxury car buyers as the reduction will affect... 



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